ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
Journalist attacked in Uttarakhand
By Staff Writer in Media News on Monday, 09th February 2026 at 8:56pm
Unregulated digital journalism raises concerns in J&K
By Staff Writer in Media News on Monday, 09th February 2026 at 8:52pm
Veteran Mysuru journalist K.V. Srinivasan passes away at 81
By Staff Writer in Media News on Monday, 09th February 2026 at 8:50pmFourth Right: If you investigate, you litigate
By Pragadish Kirubakaran in Media News on Monday, 09th February 2026 at 3:54pm
Bloomberg launches new unified video streaming platform
By Staff Writer in Media News on Monday, 09th February 2026 at 3:11pm
New features as Pickr turns 10
By Will McLennan in Media News on Monday, 09th February 2026 at 2:26pm
Newslaundry celebrates 14 years of reader-funded journalism
By Staff Writer in Media News on Monday, 09th February 2026 at 2:05pmMedia news latest
Marcoms news latest